(US$ Million)

Item

Oct-Dec 2022

Oct-Dec 2023 (P)

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

1 Current Account (1.A+1.B+1.C)

227504

244321

-16817

235942

246446

-10504

1.A Goods and Services (1.A.a+1.A.b)

189024

221648

-32624

194443

221026

-26583

1.A.a Goods (1.A.a.1 to 1.A.a.3)

105603

176940

-71337

106656

178259

-71603

1.A.a.1 General merchandise on a BOP basis

105241

168818

-63577

106124

164558

-58434

1.A.a.2 Net exports of goods under merchanting

362

0

362

532

0

532

1.A.a.3 Nonmonetary gold

0

8123

-8123

13701

-13701

1.A.b Services (1.A.b.1 to 1.A.b.13)

83421

44708

38713

87787

42767

45020

1.A.b.1 Manufacturing services on physical inputs owned by others

553

108

446

330

20

310

1.A.b.2 Maintenance and repair services n.i.e.

55

255

-200

49

297

-248

1.A.b.3 Transport

8758

9409

-652

6951

6457

494

1.A.b.4 Travel

8123

6910

1213

9850

7487

2363

1.A.b.5 Construction

1129

573

556

1097

624

473

1.A.b.6 Insurance and pension services

783

797

-13

811

856

-46

1.A.b.7 Financial services

1949

1292

657

2491

956

1535

1.A.b.8 Charges for the use of intellectual property n.i.e.

318

3435

-3116

434

4633

-4199

1.A.b.9 Telecommunications, computer, and information services

38538

4590

33947

41837

5400

36437

1.A.b.10 Other business services

21198

15125

6073

22647

14067

8581

1.A.b.11 Personal, cultural, and recreational services

997

1155

-158

1006

1464

-459

1.A.b.12 Government goods and services n.i.e.

185

282

-97

182

280

-98

1.A.b.13 Others n.i.e.

835

776

59

103

228

-124

1.B Primary Income (1.B.1 to 1.B.3)

7618

20293

-12675

9967

23205

-13238

1.B.1 Compensation of employees

1716

867

850

2010

876

1134

1.B.2 Investment income

3769

18983

-15214

6456

22009

-15553

1.B.2.1 Direct investment

1808

11460

-9653

2003

13776

-11773

1.B.2.2 Portfolio investment

69

2853

-2784

51

1911

-1860

1.B.2.3 Other investment

146

4570

-4423

557

6098

-5541

1.B.2.4 Reserve assets

1746

101

1645

3845

224

3621

1.B.3 Other primary income

2132

443

1689

1501

320

1181

1.C Secondary Income (1.C.1+1.C.2)

30862

2379

28483

31532

2215

29317

1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs

30809

2168

28641

31445

2007

29438

1.C.1.1 Personal transfers (Current transfers between resident and/non-resident households)

29973

1548

28425

30589

1430

29160

1.C.1.2 Other current transfers

836

619

216

856

578

278

1 .C.2 General government

53

212

-158

87

208

-120

2 Capital Account (2.1+2.2)

127

188

-62

191

280

-89

2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets

23

37

-14

36

86

-50

2.2 Capital transfers

104

151

-47

155

194

-38

3 Financial Account (3.1 to 3.5)

176217

158352

17864

215256

203822

11434

3.1 Direct Investment (3.1A+3.1B)

17018

14988

2030

18896

14719

4176

3.1.A Direct Investment in India

16124

8796

7327

18330

9947

8382

3.1.A.1 Equity and investment fund shares

15312

7932

7380

17108

8773

8335

3.1.A.1.1 Equity other than reinvestment of earnings

10246

7932

2314

11912

8773

3139

3.1.A.1.2 Reinvestment of earnings

5066

0

5066

5196

5196

3.1.A.2 Debt instruments

811

865

-53

1222

1175

47

3.1.A.2.1 Direct investor in direct investment enterprises

811

865

-53

1222

1175

47

3.1.B Direct Investment by India

895

6192

-5297

566

4772

-4206

3.1.B.1 Equity and investment fund shares

895

4715

-3820

566

3616

-3050

3.1.B.1.1 Equity other than reinvestment of earnings

895

3612

-2717

566

2271

-1705

3.1.B.1.2 Reinvestment of earnings

0

1103

-1103

1345

-1345

3.1.B.2 Debt instruments

0

1477

-1477

0

1156

-1156

3.1.B.2.1 Direct investor in direct investment enterprises

0

1477

-1477

1156

-1156

3.2 Portfolio Investment

78251

73641

4611

125477

113465

12012

3.2.A Portfolio Investment in India

77433

72916

4517

124485

112814

11671

3.2.1 Equity and investment fund shares

71477

65940

5537

108785

102117

6668

3.2.2 Debt securities

5956

6976

-1020

15701

10697

5003

3.2.B Portfolio Investment by India

818

724

93

991

651

341

3.3 Financial derivatives (other than reserves) and employee stock options

5509

5955

-446

5776

7904

-2128

3.4 Other investment

75439

52700

22739

65108

61737

3371

3.4.1 Other equity (ADRs/GDRs)

0

0

0

0

0

0

3.4.2 Currency and deposits

16928

14505

2424

22577

18461

4117

3.4.2.1 Central bank (Rupee Debt Movements; NRG)

0

145

-145

196

0

196

3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits)

16928

14359

2569

22381

18461

3921

3.4.2.3 General government

0

0

0

0

3.4.2.4 Other sectors

0

0

0

0

3.4.3 Loans (External Assistance, ECBs and Banking Capital)

27100

15993

11107

29452

18427

11026

3.4.3.A Loans to India

26653

15655

10998

26731

13876

12856

3.4.3.B Loans by India

447

338

109

2721

4551

-1830

3.4.4 Insurance, pension, and standardized guarantee schemes

30

38

-8

37

158

-121

3.4.5 Trade credit and advances

17744

16292

1452

13461

15723

-2262

3.4.6 Other accounts receivable/payable - other

13636

5872

7764

-420

8968

-9388

3.4.7 Special drawing rights

0

0

0

0

3.5 Reserve assets

0

11069

-11069

0

5998

-5998

3.5.1 Monetary gold

0

0

0

0

3.5.2 Special drawing rights n.a.

0

0

0

0

3.5.3 Reserve position in the IMF n.a.

0

0

0

0

3.5.4 Other reserve assets (Foreign Currency Assets)

0

11069

-11069

0

5998

-5998

4 Total assets/liabilities

176217

158352

17864

215256

203822

11434

4.1 Equity and investment fund shares

94041

85304

8737

133262

123217

10045

4.2 Debt instruments

68539

56107

12432

82413

65638

16775

4.3 Other financial assets and liabilities

13636

16941

-3305

-420

14966

-15386

5 Net errors and omissions

0

986

-986

0

841

-841

Note: P: Preliminary.